Some Pingree homeowners may be in line for tax break
By Ryan Klassy For The Courier-News November 8, 2011 8:34PM
Updated: December 10, 2011 9:52AM
PINGREE GROVE — Some homeowners in the Cambridge Lakes subdivision are likely to get a break on their next property tax bill.
By a unanimous vote Monday night, village trustees said they support a 20 percent droo in the proposed tax levy for residents in Special Service Areas No. 4 and No. 9 in the development.
The proposed tax levy for SSA No. 4 is $313,526 and for SSA No. 9 it is $6,742. Those totals are about $75,000 less compared to this year.
Village officials say they would like to deplete the balances that have accumulated in both SSAs and eventually eliminate them altogether. Since SSAs are used to pay for public works improvements and maintenance, those costs would be paid for through the general fund.
About 1,400 residents in the affected neighborhoods will each save about $56 next year if the tax cut is OK’d.
Trustee Bob Spieker proposed the 20 percent decrease at the board’s Oct. 17 meeting. Trustee Ray LaMarca also was a vocal proponent.
A public hearing and final vote will take place on Dec. 5.
In other news, it was announced that the village’s special events committee is conducting a food drive leading up to the village’s Christmas tree lighting event on Saturday, Nov. 26, in Centennial Park.
Those who want to take part in the Neighborhood Food Challenge or volunteer to host a neighborhood collection point are asked to call the village hall at 847-464-5533.